Gold struggles for direction

Gold prices continue to hover in the range of USD 1198-1205 amid the disappointing weekly jobless claims and factory orders report in the US and European Central Bank’s discussion of its open ended asset purchase program.
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AUD/USD Capped and bearish below 0.7883 - CB

Karen Jones chief analyst at Commerzbank explained that AUD/USD failed at the downtrend at 0.7883 and for now they will maintain a negative bias.
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